Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

First State Greater China Growth

Ranked 21 out of 36 in - Greater China over 12 months
All calculations are in EUR unless stated

Managed by

Martin Lau

Having graduated from Cambridge University with a Bachelor of Arts degree and a Masters in Engineering, Martin Lau has progressed from a somewhat industrious education to Investment Fund Management and now has over 10 years experience in the industry. Born in Hong Kong in 1972, Lau started his investment career in 1995 at BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the greater China funds, Smaller Companies fund and regional portfolios. Lau currently manages a range of China and Asia funds for First State. He describes his investment style for many of the funds he runs as bottom up stock selection with strong macro overlay. He also focuses heavily on quality, growth and price. A keen badminton player, Lau also enjoys playing tennis, walking and going to the cinema.

Sophia Li

Sophia Li is a portfolio manager at First State Stewart Asia, part of First State Investments. Sophia joined the team in August 2009 and is responsible for providing stock ideas to portfolio managers, primarily in the Northern Asia markets. She is also lead manager of the First State Japan Equity Fund. Sophia holds a Masters degree in Statistics from Harvard University and a Bachelor of Science degree from Fudan University. She is also a CFA charterholder.

Objective

The Fund aims to grow your investment. The Fund invests in shares of companies that are based in or have significant operations in China, Hong Kong or Taiwan.

Showing fund performance in Luxembourg View performance globally

Performance

Greater China over : 31/05/2016 - 31/05/2017

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 9.4%
2016 5.6% -8.0% 1.1% 12.9% 0.5%
2015 8.6% 20.9% -0.7% -19.0% 11.6%
2014 14.4% -3.9% 8.3% 5.1% 4.6%
2013 9.2% 6.0% -4.3% 2.7% 4.9%
2012 21.3% 5.8% 1.8% 7.0% 5.2%
2011 -10.0% -8.6% 2.4% -11.7% 8.9%
2010 29.9% 7.2% 6.7% 5.9% 7.2%
2009 69.0% 10.1% 25.5% 8.5% 12.8%
2008 -43.7% -16.7% -3.0% -16.3% -16.8%
2007 32.8% 4.5% 15.2% 16.5% -5.3%
2006 35.3% 10.5% -5.8% 8.8% 19.5%
2005 35.9% 10.9% 11.1% 5.6% 4.6%
2004 14.4% 16.2% -8.8% 6.8% 1.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2017

Top 10 Holdings

Stock Size
Taiwan Semiconductor Manufacturing Co Ltd ORD 6.42
Tencent Holdings Ltd ORD 4.99
Tong Ren Tang Technologies Co Ltd ORD 4.42
AAC Technologies Holdings Inc ORD 3.59
CK Hutchison Holdings Ltd ORD 3.55
Advantech Co Ltd ORD 3.32
CSPC Pharmaceutical Group Ltd ORD 3.05
Delta Electronics Inc ORD 3.01
Towngas China Co Ltd ORD 2.98
Gree Electric Appliances Inc of Zhuhai ORD 2.90
30/04/2017

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Ireland
  5. Italy
  6. Luxembourg
  7. Netherlands
  8. Sweden
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date01/12/2003
  • Share Class size142Mn
  • Base currencyGBP
  • ISIN GB0033874107

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50

Charges

  • Annual management1.75%
  • Initial investment4

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).